How do your core values inform your financial decisions as a small business owner?

 

Danielle Hayden Money Matters: Making Financial Decisions Based on Your Core Values

Danielle Hayden

Step into an engaging discussion with Danielle Hayden, an ex-corporate CFO turned CEO, dedicated to empowering female entrepreneurs through financial literacy and management. With a decade-long stint in corporate finance, Danielle now leads Kickstart Accounting, Inc., offering expertise in bookkeeping, financial analysis, and education. Her acclaimed Profit Planner book series reflects her mission to instill financial confidence in female business owners.

In this conversation, we explore transformative strategies to revamp your money mindset, re-establish your core values, and recession-proof your business. From transitioning to a visionary founder mindset to simplifying financial fluency, Danielle unpacks crucial steps to own your entrepreneurial success. Discover the power of financial dashboards and the impact of cultivating atomic habits for lasting business growth.

This episode isn’t just for seasoned CEOs—it’s a goldmine for anyone seeking to decode financial complexities, transform their business, and embrace a visionary entrepreneurial journey.

What We Discuss in this Episode

  • How do our core values impact our business finances?
  • The four money mindsets that determine our spending and saving habits.
  • Business owner strategies for rebalancing expenditures based on our current season.
  • Balancing growth and sustainability for ‘free spender’ business owners.
  • Influence of upbringing on money attitudes in business decisions.
  • Aligning spending with business goals using ‘clarity breaks’.
  • Common bookkeeping mistakes affecting business financial health.
  • The importance of understanding factors beyond profitability.
  • Realistic goal setting for 15% business profitability.
  • Smart investments to foster business growth.

Podcast Highlights

00:00 – The importance of an individualized business approach.

03:16 – Client example of local purchasing values reflected in financials.

09:22 – Respect life’s seasons; set intentional business goals.

13:26 – Business success linked to mindset and beliefs.

14:39 – Transitioning from corporate to entrepreneurship requires a mindset shift.

19:13 – Financial responsibility for business owners and employees.

21:31 – Navigating risk, mindset, and success in business.

27:02 – Prioritize balanced life and 15% profitability.

28:20 – Setting intentional goals based on financial analysis.

32:33 – Accountants can report or help plan strategically.

35:26 – Leaders take action, know your numbers, download free gifts.

Gain valuable insights from Danielle Hayden’s astute financial strategies, empowering business owners to navigate their money mindsets and redefine success. Uncover common mistakes, strategies for sustainable growth, and the influential role of core values in financial decisions. Gain invaluable insights to transform your approach to business finances.

Favorite Quotes

  1. “What I’ve learned in working with so many business owners is that there is definitely not a one size fits all approach.” — Danielle Hayden
  2. “See how our spending can change as we change the season of our life? By being super intentional, it can help attach to our core values and change the way we spend money.” — Danielle Hayden
  3. “Not all profits are created equal.” — Danielle Hayden

Episode Resources

Connect with Danielle Hayden

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